Why Best Buy Will Never Be Great Again
Mar 17th 2013 5:00AM
Updated Mar 17th 2013 5:06AM
Best Buy is in a death spiral. Or so Jeremy Phillips believes. In this video, Jeremy outlines why he thinks Best Buy won't recover from its 50% stock-price decline. One major reason: Best Buy doesn't offer added value to its products for its customers. Other analysts, meanwhile, see Best Buy as a dirt-cheap value play. Jeremy disagrees and sees Best Buy going the way of RadioShack and J.C. Penney.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.
The article Why Best Buy Will Never Be Great Again originally appeared on Fool.com.Austin Smith has no position in any stocks mentioned. Jeremy Phillips owns shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.